Risk Analyst - AML

Department Overview:

• The client Global AML department is accountable for establishing client’s Global Anti¬Money Laundering and Anti¬Terrorist Financing Program (AML/ATF) to ensure that all client businesses adhere with AML/ATF regulatory expectations in all jurisdictions where client operates.
• This includes setting consistent standards across business segments that may be further tailored to specific business or jurisdictional requirements; conducting annual enterprise¬wide AML risk assessments; maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements); currency transaction and suspicious transaction monitoring and reporting; screening client customers against regulatory watch lists; a hierarchy of designated AML officer functions; enterprise¬wide and specialized AML training of employees; and independent AML testing. In the FIU, we conduct detection, investigation, and reporting for the money laundering program.
• In addition we maintain the high risk client program where we need to report, document, and evaluate the high risk customers for client bank.

Job Description:

• Conduct oversight of staff’s work on a regular basis to ensure that day to day policies and procedures are followed and productivity levels are maintained.
• Participates in responding to periodic exams/audits
• Performs a broad range of money laundering investigation related activities in support of Anti¬-Money Laundering (AML) regulations designed to report on financial related crimes
• Supervises staff, assigning responsibilities/accountabilities, prioritizing and monitoring work and evaluating results.
• Provides leadership, coaching, counseling and guidance to staff. Ensure completion of goals, objectives and meeting deadlines.
• Organizes the training for new staff members
• Ensuring completion of monthly internal quality reviews of respective team’s work to standards.
• Fostering strong AML and ATF knowledge.
• Develop and maintaining strong business writing and communication skills.
• Addressing quality issues that arise at a team or individual level.
• Providing timely and constructive feedback when conducting QC activities, while providing timely reporting to respective Manager

Summary of day to day responsibilities:

• Overseeing the contract groups -20-25 contractors. Recommending best practices for AML operations
• Answering inquiries for their teams they are overseeing.

Additional Skills:

• Excellent communication skills, including ability to deal professionally with issues, problems and questions, including excellent verbal phone skills and writing skills.
• Excellent organization skills, with ability handle multiple investigations simultaneously, with ability to meet deadlines.
• Excellent interpersonal skill, with the ability to handle coaching, mentoring or difficult work performance related tasks.
• The ability to work in a team environment is a must.

Must have:

• 3+ Years of industry, investigative or AML operations management experience
• 5+ years people management experience
• 3+ Years of extensive AML experience with 2+ years in FIU Investigations.
• 2+ Years banking experience (international included)
• Knowledge of Canadian AML regulations
• Understanding of related regulations, such as the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA and FINTRAC). Solid business awareness and the application of client – customer/product types and a good ability to articulate the identified risk.

Nice To Have:

• Technical skills, data analytical skills
• Experience with CIP and/or KYC, and/or AML and ATF regulations, requirements, and procedures an asset.
• Managing process improvement within AML
• Project management experience
• ACAMS or CSCS certification would be an asset